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Feb 19, 2010
02/10
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nevada is only one. frankly what they're still doing is kicking the can and treating this whole problem, you know, 1 of 4 americans owe more on their homes than they're worth and they're treating this as though it's an affordability issue when it really is an equity problem. >> the big question becomes what are the different events that are going to relieve some of this uncertainty and, joe, chuck mentioned that he thinks the lack of a health care bill will relieve some of that uncertainty. what do you think those key events are? >> i think that's right. i think health care certainly is a big issue. i think certainly what's happening with the financial sector, regulation, and taxes are factors but i would argue the economy cyclically has been so depressed. there is so much pentup demand. cars and homes are at such distressed levels relative to the size of the population that we're going to recover in spite of these what i would argue are, in some sense, bad policies. >> all right. erudite as usual. thank
nevada is only one. frankly what they're still doing is kicking the can and treating this whole problem, you know, 1 of 4 americans owe more on their homes than they're worth and they're treating this as though it's an affordability issue when it really is an equity problem. >> the big question becomes what are the different events that are going to relieve some of this uncertainty and, joe, chuck mentioned that he thinks the lack of a health care bill will relieve some of that...
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Nov 19, 2009
11/09
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. >> yes, the problem is still concentrated in four states, california, florida, arizona and nevada, making up 43% of all foreclosures. but it is spreading. >> in these other states now, we have more of a traditional unemployment as a driver of what is driving down the home prices. but as a result, as unemployment spread across the rest of the country, it's impacting every place. and that we're going to continue to see it. it's much more of a widespread national issue than it was before. >> and one more thing to note, the number of loans delinquent and in foreclosure, total them up, they now exceed the number and new existing homes for sale today. not all of those homes will end up in foreclosure. but it will put more downward pressure on home prices. for more, go to the blog. michelle? >> we'll do that. thank you, diana. >>> let's look at gap shares as we reported right at the top of the hour. they reported 44 cents. they are -- stock is up by 2.8%, down 64 cents in afterhours. revenues came in slightly above projections, $3.59 billion versus $3.58 billion. they announced a $500 mil
. >> yes, the problem is still concentrated in four states, california, florida, arizona and nevada, making up 43% of all foreclosures. but it is spreading. >> in these other states now, we have more of a traditional unemployment as a driver of what is driving down the home prices. but as a result, as unemployment spread across the rest of the country, it's impacting every place. and that we're going to continue to see it. it's much more of a widespread national issue than it was...
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Jul 9, 2020
07/20
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could be evicted from their homes, according to analysis from the aspen institute arizona, california, nevada among those with the highers share of renters at risk when you look at the actual number of renters, it's close to 4 million californians, 1.5 million floridians, more than 2 million texans and more than 1.5 million new yorkers. they factored in several costs, and real-time surveys, and those numbers were released yesterday. 76% of renters had made their full payments, just 38% were highly confident they could make their july payments. 12% had no confidence at all single-family rental like american homes for rents, are at risk, and reit names like camden, texas, avalon bay, they could also take a hit. kelly? >> diana olick, we appreciate it joining us with the recent spike in covid cases, which is raising concerns about the housing recovery where are we right now which markets are doing best ryan snyder is the best of realogy, the parent company of several companies. do you expect that to ripple through into the housing market overall? >> thank you for having me we're seeing something
could be evicted from their homes, according to analysis from the aspen institute arizona, california, nevada among those with the highers share of renters at risk when you look at the actual number of renters, it's close to 4 million californians, 1.5 million floridians, more than 2 million texans and more than 1.5 million new yorkers. they factored in several costs, and real-time surveys, and those numbers were released yesterday. 76% of renters had made their full payments, just 38% were...
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Oct 18, 2022
10/22
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nevada now is leaning towards the republican candidate and is it possible that new hampshire could go republican? these are not thingsthat we talked about with any seriousness two months ago >> yeah, although, i will say that in june, a couple -- you know, four months ago, we were talking about that i mean, it does seem like new hampshire was definitely in place. it seemed like nevada was definitely in play again, i think that democrats sort of got their hopes up that given some of the legislative achievements of president biden and given that roe v. wade decision that those concerns were in the rearview mirror. but as you point out, they were not. again, the economy, gas, and groceries are looming large. i think from a markets perspective, brian, and sort of zooming out on that, the most important thing, "a," is control of the house that looks like regardless of what the margin is, it looks like republicans will take back the house. and then senate control. that's probably a toss-up, because to your point, this polling is imperfect and all of these really important senate races, whet
nevada now is leaning towards the republican candidate and is it possible that new hampshire could go republican? these are not thingsthat we talked about with any seriousness two months ago >> yeah, although, i will say that in june, a couple -- you know, four months ago, we were talking about that i mean, it does seem like new hampshire was definitely in place. it seemed like nevada was definitely in play again, i think that democrats sort of got their hopes up that given some of the...
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Aug 17, 2022
08/22
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the federal government to call for water cutbacks, the department of interior is asking arizona and nevada to limit water usage starting in january, the second year in a row they've asked to take cutbacks. >>> ukraine launching a series of medical tear strikes in crimea it would be an attempt to attack russian supply lines and morale. >>> sarah palin was successful last night in alaska's primary it's been more than ten years since she was on the ticket with john mccain. >>> tonight on "the news with shepard smith," liz cheney standing up to donald trump cost her job in congress. we'll have more on that story. my first job, fairbanks, alaska. fun fact. >> you're from philly, aren't you? >> yeah, but they weren't going to give me a job in philly first out. >>> still ahead, shares of kohl's are down 30%. too soon to call it a duranaround? cisco is on deck as well "the earnings exchange" is next. municipal bonds don't usually get the media coverage the stock market does. in fact, most people don't find them all that exciting. but, if you're looking for the potential for consistent income that'
the federal government to call for water cutbacks, the department of interior is asking arizona and nevada to limit water usage starting in january, the second year in a row they've asked to take cutbacks. >>> ukraine launching a series of medical tear strikes in crimea it would be an attempt to attack russian supply lines and morale. >>> sarah palin was successful last night in alaska's primary it's been more than ten years since she was on the ticket with john mccain....
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Jun 4, 2019
06/19
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. >> this is why he lives in nevada but he has to pay california state taxes because he won the money there, which is 13.3%. mr. so he keeps -- is it 48% of the winnings >> yeah, it will be just shy of 50%. so $1.2 million. >> a million dollar screw job for a thousand >> but you're paying for the good weather >> but he is also paiiying the isaiah i kno -- christ i know, thank you. >> it is a great lifestyle in nevada too but we got to learn a lot about his family and they are not making millions he was interviewed just over the weekend before we knew that he had lost and they were traveling i think throughout europe or something like that. but yeah, they will be fine. but they are getting half of what he -- >> first of all, did anybody else feel more anticlimactic because we all knew based upon the leaked footage earlier in the day and the day before that he was going to lose anyway. >> yeah, they are trying to track it down. but when i see a headline spoiler alert, don't find out what happens -- well, now i know >> and congratulations to emma >> oh, yes >> awesome >> i hope she goes
. >> this is why he lives in nevada but he has to pay california state taxes because he won the money there, which is 13.3%. mr. so he keeps -- is it 48% of the winnings >> yeah, it will be just shy of 50%. so $1.2 million. >> a million dollar screw job for a thousand >> but you're paying for the good weather >> but he is also paiiying the isaiah i kno -- christ i know, thank you. >> it is a great lifestyle in nevada too but we got to learn a lot about his...
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Jan 31, 2012
01/12
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around 3% of loans are stuck in california and nevada. 14% of florida homes are stuck in foreclosure. that's a huge pipeline that will take years to empty. home prices in florida are down anywhere from 40% to 50% depending where you look from the peak of the housing bubble. and home building in the state is down 80% from 2006. the state has lost thousands of housing-related jobs, companies, and even residents. the one area the candidates might point to as improving is the miami beach condo market. but they'd be sorry if they did. condo sales were up 150% in miami beach in 2011 according to the year before. but it was largely foreign buyers. not a fact that would appeal to locals. although all the foreign buyers are helping to stabilize overall condo prices. s suffice it to say, floridians will look to the expansion of the mortgage modification program for principle write down. they'll also look at the new re-fi opportunities because 44% of floridian borrowers owe more on their mortgages than their homes are worth. >> thanks very much. really the crux of the problem there that we're st
around 3% of loans are stuck in california and nevada. 14% of florida homes are stuck in foreclosure. that's a huge pipeline that will take years to empty. home prices in florida are down anywhere from 40% to 50% depending where you look from the peak of the housing bubble. and home building in the state is down 80% from 2006. the state has lost thousands of housing-related jobs, companies, and even residents. the one area the candidates might point to as improving is the miami beach condo...
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May 13, 2020
05/20
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testing in clark county has also been on the rise on saturday, nevada allowed restaurants to reopen with capacity limited to 50%. and amazon has extended pay raises for hourly workers through may 30th the doubling of overtime pay is also being extended. amazon says it continues to see heavy demand it is the second time the company has extended its pay increases. as always, for morecoronavirus coverage, you can head to cnbc.com ty, back to you. >> sue, thank you so much. and let's go now over to seema mody for trading nation. hi, seema. >> hi, tyler we are watching the banks, which are under pressure today after fed chair jerome powell warned of significant economic risks. take a look at the kbe it's down 5% today, adding to major losses for the week. your trading nation team today is mark tepper and j ceo hakrrk. why are you recommending markets to stay away for banks >> you typically don't want to own banks in a recession, in especially this recession, when there's real long-term demand destruction. our economy is not going to snap back to 2019 levels quickly. it's going to take some ti
testing in clark county has also been on the rise on saturday, nevada allowed restaurants to reopen with capacity limited to 50%. and amazon has extended pay raises for hourly workers through may 30th the doubling of overtime pay is also being extended. amazon says it continues to see heavy demand it is the second time the company has extended its pay increases. as always, for morecoronavirus coverage, you can head to cnbc.com ty, back to you. >> sue, thank you so much. and let's go now...
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0.0
Feb 10, 2021
02/21
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hawaii down 14%, florida down 8%, nevada down 13%. >> i'm surprised by florida. that does it for "the exchange." catch jay powell on "power lunch" after this quick break. i'm heading to south carolina. ve gfr treyou omhe ha areat day >>> welcome to "power lunch," everybody. melissa lee will join us in a moment we will bring you the headlines, plus will uber deliver we will look at its road ahead as the two companies navigate the pandemic tillray by up almost 40%, with a little help from reddit users. "power lunch" will light it up
hawaii down 14%, florida down 8%, nevada down 13%. >> i'm surprised by florida. that does it for "the exchange." catch jay powell on "power lunch" after this quick break. i'm heading to south carolina. ve gfr treyou omhe ha areat day >>> welcome to "power lunch," everybody. melissa lee will join us in a moment we will bring you the headlines, plus will uber deliver we will look at its road ahead as the two companies navigate the pandemic tillray by...
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Jul 18, 2022
07/22
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four people are dead after two small planes collided at a nevada airport the pair of single-engine aircraft each kaeshing two passengers that crashed into each other one plane was preparing to land when it collided with the other. >>> extreme heat in the united kingdom causing a runway damage and disrupting military and civilian flying. flights were temporarily halted at london's lutin airport after soaring terms caused a defect in its runway temperatures are expected to reach, rather, 100 degrees fahrenheit today >>> new york's governor kathy hochul to implement heightened patrol and surveillance of shark activity, this would include drone and helicopter monitoring state park beaches due to sharken counters in the atlantic ocean. it will include lifeguard staffing at oceans and beaches by 25% it's kind of like jaws all over again, kelly. >> the lake's looking better than ever. >> right >> bertha, thank you very much bertha coombs. >>> ahead on "power lunch," boeing under the radar and the company getting its first order from delta in more than a decade the stock down this year, but could i
four people are dead after two small planes collided at a nevada airport the pair of single-engine aircraft each kaeshing two passengers that crashed into each other one plane was preparing to land when it collided with the other. >>> extreme heat in the united kingdom causing a runway damage and disrupting military and civilian flying. flights were temporarily halted at london's lutin airport after soaring terms caused a defect in its runway temperatures are expected to reach, rather,...
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88
Nov 13, 2018
11/18
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flash forward to today, we find phil lebeau in nevada. >> reporter: this gigafactory has been big and keeps getting bigger 5.5 million square feet, over 7,000 employees, cranking out about 5,000 battery packs a week, all of those for the newest vehicle from tesla, the model 3. as we spent the last couple days out here, walking around, getting a sense, couple things stand out. first of all, the level of automation and robotics. that's key as the company drives down cost when it comes to electric batteries one of the focal points for elon musk and his management team the other thing that stands out, it is not completely automated there are about 7,000 employees here, a number of them working in battery and drive unit production areas when we talk with the head of tesla automotive, he believes there's a lot more they can ring out of the facility when it comes to driving down costs. >> the battery remains the in dust tree us part of the vehicle. it is important that we include efficiency and design to make them more affordable >> reporter: when it comes to battery cost, this chart says it
flash forward to today, we find phil lebeau in nevada. >> reporter: this gigafactory has been big and keeps getting bigger 5.5 million square feet, over 7,000 employees, cranking out about 5,000 battery packs a week, all of those for the newest vehicle from tesla, the model 3. as we spent the last couple days out here, walking around, getting a sense, couple things stand out. first of all, the level of automation and robotics. that's key as the company drives down cost when it comes to...
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Dec 25, 2020
12/20
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people then to do so now vacation destinations fighting back, like lake tahoe straddling the california/nevada border seema mody brings us the vacation rental backlash. >> reporter: tahoe and several other communities are pushing back against the new giant in the travel industry, airbnb. officials in this beautiful town overlooking the spectacular lake and majestic mountains known for being an all-season vacation haven for the rich and the famous sent a letter to the company telling them to make sure anyone renting in the area know the rules the letter to airbnb warns the company that authorities are looking at options to penalize short-term rental operators who rent their properties during this time. this comes amid a new order from the california governor's office prohibiting reservations for non-essential workers. town officials are warning they'll pull operating licenses if they have to, and they want to be informed if they find out that local renters are breaking the rules. they also fear that people fleeing the virus in big cities like san francisco or l.a. will bring covid in, clog up l
people then to do so now vacation destinations fighting back, like lake tahoe straddling the california/nevada border seema mody brings us the vacation rental backlash. >> reporter: tahoe and several other communities are pushing back against the new giant in the travel industry, airbnb. officials in this beautiful town overlooking the spectacular lake and majestic mountains known for being an all-season vacation haven for the rich and the famous sent a letter to the company telling them...
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0.0
Feb 5, 2024
02/24
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say i want to build a giant data center or whatever in nevada because it's cheaper land and plenty of natural sun light to help power the data center. that's great, but then what most people don't think about, while it does have a lot of sun light it doesn't have a lot of water and there is no real solution. some of the areas that we want to build this stuff in because of the cheapness or abundancy of wind or water or solar, you don't have the water to cool it. >> that's right. we don't have all of the solutions yet, but we're clearly working that by, say 2030-ish, we'll be able to have data centers that are water neutral which means it doesn't mean that they don't use water at all, but they reuse the water eternally as well in their own operations. they operate like nature to us. we've been using the same water for millions and billions of years, as well and we're a data center down the road so we'll be doing the same and we're working our way toward that and we begin with the consumption of data centers and we see it as we speak and that's why we're today on we know that by 2030, we
say i want to build a giant data center or whatever in nevada because it's cheaper land and plenty of natural sun light to help power the data center. that's great, but then what most people don't think about, while it does have a lot of sun light it doesn't have a lot of water and there is no real solution. some of the areas that we want to build this stuff in because of the cheapness or abundancy of wind or water or solar, you don't have the water to cool it. >> that's right. we don't...
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157
Aug 15, 2012
08/12
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we move on now to jane wells in nevada, iowa, with more on how one farmer is getting through the drought of 2012. >> reporter: tyler, ugly. they're going to be talking about the drought of 2012 for years to come. for old timers, it is bad. for young farmers, it's scary. >> we have gone from a disaster and productionwise to borderline catastrophic event for agriculture. >> reporter: from farmer to farmer -- >> definitely, i mean, the highest prices we have seen. >> reporter: old macdonald had a drought. e i e i ouch. >> it crackles. no choice which you are in that leaf at all. >> reporter: mark kinny's family farming in iowa for 130 years. and each generation has had to survive its own great drought. this is his. >> don't kid yourself with $8 corn. the reason why we're there is because we got ears like this. >> reporter: kinny wishes high prices based on demand. the crop will be smaller, a lot smaller. but he'll survive, though he's concerned about next year. >> all sorts of rumors of the mississippi's too low to get barges of fertilizer up here. buy now. >> reporter: farming is the only
we move on now to jane wells in nevada, iowa, with more on how one farmer is getting through the drought of 2012. >> reporter: tyler, ugly. they're going to be talking about the drought of 2012 for years to come. for old timers, it is bad. for young farmers, it's scary. >> we have gone from a disaster and productionwise to borderline catastrophic event for agriculture. >> reporter: from farmer to farmer -- >> definitely, i mean, the highest prices we have seen. >>...
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48
Feb 16, 2012
02/12
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hit areas will begin to recover and we've seen price appreciation across states in the midwest but nevada, california, arizona, these areas will lag the national market. >> lindsey, this is herb. i have to chime in here and mention something to brian. >> you're both chiming in. >> getting excited. >> you mentioned something about the d.c. market and how there's strength there, yet we had the ceo of marijuaon talking about that's his weakest market -- >> i didn't say strength. i said building permits were up. overestimating the recovery? >> oh, absolutely. i think overestimating, but once again, listen, we can't go from being on monitors in terms of intensive care and then running a triathlon. everything has to come in small steps. the news today is good news. is it big enough news for me to go borrow money to invest in housing? not in my book it isn't. >> i was wondering, you have 30-year fixed mortgages at record lows, it's been at record lows for god knows how many weeks now, lindsey. how much in terms of problems of the recovery are banks not being so willing to lend. maybe that's a go
hit areas will begin to recover and we've seen price appreciation across states in the midwest but nevada, california, arizona, these areas will lag the national market. >> lindsey, this is herb. i have to chime in here and mention something to brian. >> you're both chiming in. >> getting excited. >> you mentioned something about the d.c. market and how there's strength there, yet we had the ceo of marijuaon talking about that's his weakest market -- >> i didn't...
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266
Aug 13, 2009
08/09
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but sales in the hardest hit places, nevada, california, florida, arizona, sales are booming, as diana suggested. markets are clearing at lower prices, sales are running big-time. so why can't we say the glass is half full? >> the glass is definitely half full, and we are definitely in a recovery mode at this point. but one of the things we have been telling viewers is, the main thing we have learned from this whole crisis is expect the unexpected. we are past the point now where we're going to find hidden fault lines in other areas of our economy, like the derivatives or auction rate securities, but we're not past the point where we're not going to have adverse feedback from this. these new 2 million foreclosure filings are not happening in an isolated sieve, and there will be adverse feedback, not the least of which is negative equity, which by some expert predictions, we should be expecting about 28 million people to fall into negative equity between now and 2011. >> wow. >> and certainly, that will have other repercussions. >> diana, are we ever going to see enough of a recovery th
but sales in the hardest hit places, nevada, california, florida, arizona, sales are booming, as diana suggested. markets are clearing at lower prices, sales are running big-time. so why can't we say the glass is half full? >> the glass is definitely half full, and we are definitely in a recovery mode at this point. but one of the things we have been telling viewers is, the main thing we have learned from this whole crisis is expect the unexpected. we are past the point now where we're...
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Sep 25, 2013
09/13
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you can bind like franco nevada, pays on a monthly dividend higher than a five year government note. >> india, let's take that out of the equation. if you had to choose between buying gold etfs, gold the bullion or gold mining stocks which would be? >> gold mining stocks. >> why. >> down the most. >> were you chatting with herb greenberg before the show? he loves them. >> he does. he's smart. >> that's debatable. >> you're getting a yield greater than a five year government note. management of these companies were overextending for the sake of growth. now it's all about shrinking, getting cash flow out. >> how do we know, frank, whether or not -- i'm going to make up names because i don't know where their production points are. if i'm abc gold corp and my cost of production is 500 an ounce, that's good. if i'm xyz gold corp 950 an ounce not as good. if i'm 123 gold corp and my cost of production is 1200 an ounce that's terrible. how do we know what their cost of production -- i assume we know? >> we track 88 gold producers around the world. it's a key factor of how we generate alpha.
you can bind like franco nevada, pays on a monthly dividend higher than a five year government note. >> india, let's take that out of the equation. if you had to choose between buying gold etfs, gold the bullion or gold mining stocks which would be? >> gold mining stocks. >> why. >> down the most. >> were you chatting with herb greenberg before the show? he loves them. >> he does. he's smart. >> that's debatable. >> you're getting a yield greater...
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Mar 13, 2012
03/12
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we'd like to introduce you to one investor in rena, nevada, who did just that. terry bought a foreclosed property for $105,000. put about $15,000 more in to get it ready to rent. >> i got tired of always having my money just in the stock market. you always hear you want to diversify and do different things. this was another way to diversify. >> reporter: so this is what he did and this is what you can do, too. first, you want to find yourself a property. and this must be an investment property. you can't live in it and you can't even use it as a vacation home. but run the numbers on how much it will cost and how much it will cost to fix it up. and set up a self-directed i.r.a. only a handful of administrators will let you do this through the i.r.a. i.r.a. resources and a few others. check out their fees and services. then you want to find a property manager. that's a third party who's going to maintain and collect the rent and some administrators will do this. you can even do it yourself if you really want to or give it to somebody else for all the trouble. then
we'd like to introduce you to one investor in rena, nevada, who did just that. terry bought a foreclosed property for $105,000. put about $15,000 more in to get it ready to rent. >> i got tired of always having my money just in the stock market. you always hear you want to diversify and do different things. this was another way to diversify. >> reporter: so this is what he did and this is what you can do, too. first, you want to find yourself a property. and this must be an...
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528
Nov 25, 2009
11/09
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nevada, tennessee, georgia, all leading the way as the states with the highest per capita bankruptcy rates. farm equipment maker deere swinging to a big quarterly loss. we're going to break it down for you when the "closing bell" returns. with fidelity, you can take your trading around the world, because now you can trade u.s. and foreign stocks online, in 12 markets, 24 hours a day, all from the same account, and settle in u.s. dollars or the local currency. plus, we'll guide you with international research and realtime quotes, so you can diversify your portfolio, wherever -- whenever. and we'll be on call around the clock, while you trade around the globe. fidelity investments. turn here. the hops for the michelob brewing company. there are hundreds of growers here in the hallertau region of germany, so it's important to know all those growers. we go with them out to the fields and they tell us, you know, this spot has the best quality hops. they tell me, you know, willy, those hops are for you. the dunkel weisse, pale ale, amberbock are great beers, but it takes great hops to make
nevada, tennessee, georgia, all leading the way as the states with the highest per capita bankruptcy rates. farm equipment maker deere swinging to a big quarterly loss. we're going to break it down for you when the "closing bell" returns. with fidelity, you can take your trading around the world, because now you can trade u.s. and foreign stocks online, in 12 markets, 24 hours a day, all from the same account, and settle in u.s. dollars or the local currency. plus, we'll guide you...
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87
Jun 20, 2014
06/14
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you talk about people in new jersey, people in delaware, nevada, other states that have offered online products through the lotteries, you will go to people in new jersey and say the consumers protections that you have put in place, the legal fair options that you have put in place for online gaming are going to be taken away and those folks already fobbed on to the black market again. >> it is clearly a heated debate. we thank you for your time. you have exposed a lot of the issues which cut very deeply for a lot of people. tom russell, and congress mast jason chaffitz, thank you. the results of the viewer vote, should online poker be legal in this country? you can see that 65% say yes, and 35%, which address up to 100, which is good, say no. it's great to see it moving in real time. >> i think it's fantastic, and we thank the viewers for coming in and making their opinions heard. >>> i think it will be interesting to see how this all plays out. the saferguards that they put in place for minors, because one you do get it on a mobile device, i think that makes it difficult. i'm not say
you talk about people in new jersey, people in delaware, nevada, other states that have offered online products through the lotteries, you will go to people in new jersey and say the consumers protections that you have put in place, the legal fair options that you have put in place for online gaming are going to be taken away and those folks already fobbed on to the black market again. >> it is clearly a heated debate. we thank you for your time. you have exposed a lot of the issues which...
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125
Jul 17, 2017
07/17
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seven senators may vote against it among those considering no votes are people from dean heller of nevada who came out against the first iteration of this bill to ron johnson of wisconsin who's got various objections to it the problem is if this bill continues to be in limbo, you have a whole series of things waiting in line behind it that are going to be stacked up first of all, congress needs to pass a new budget resolution that is critical to getting to tax reform because they want to pass it under the favorable rules that you can only get under a budget resolution. so once they do that, unless they have already done health care, that would kill health care, and then they've also, in addition to tax reform, they've also got to raise the debt limit some time in the next couple of months, so there's increasing squeeze play on congress about getting health care wrapped up and getting onto the other issues tyler. >> thank you very much >>> earnings parade kicking into high gear. netflix after the bell today, nine components report this week despite the d.c. drama, are earnings deciding the
seven senators may vote against it among those considering no votes are people from dean heller of nevada who came out against the first iteration of this bill to ron johnson of wisconsin who's got various objections to it the problem is if this bill continues to be in limbo, you have a whole series of things waiting in line behind it that are going to be stacked up first of all, congress needs to pass a new budget resolution that is critical to getting to tax reform because they want to pass...
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Feb 26, 2010
02/10
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billionaire hedge fund manager john paulson is reportedly betting on land in arizona, colorado and nevada. his real estate fund with court approval will bid on land from bankrupt home builder tousa. checkup next at 2 tooichl 50 and until then go to the blog realtycheck.cnbc.com. melissa? >> thanks so much. some top fed members are meeting on the back of chairman bernanke's testimony on capitol hill. what does this mean for the economy and fed policy tightening in the months ahead. our own steve liesman joins us from the fed meeting with his meeting with president evans&. steve? >> thanks very much. we are here in manhattan at the chicago school of business annual monetary conference and i am pleased to be joined by charlie evans, president of the chicago federal reserve. thanks for joining us. >> good to be here. >> the consumer sentiment data seems to have taken a step back as it did last week as well. the jobless claims data had a big spike earlier this week. what's your take on this status of the recovery? >> i think things are a little uneven at the moment. i think we've definitely go
billionaire hedge fund manager john paulson is reportedly betting on land in arizona, colorado and nevada. his real estate fund with court approval will bid on land from bankrupt home builder tousa. checkup next at 2 tooichl 50 and until then go to the blog realtycheck.cnbc.com. melissa? >> thanks so much. some top fed members are meeting on the back of chairman bernanke's testimony on capitol hill. what does this mean for the economy and fed policy tightening in the months ahead. our own...
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Apr 22, 2021
04/21
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the decision on whether to even hold the even this summer and the nevada desert is expected to be made by the end of this month. carl, of course, 50 to 80,000 people intend to go to that event. it would be quite a big event. >> yes indeed. i've never been. i've been dying to go. >> me too, carl, we should go together >> yes >> when it's safe. >> we are watching the reopening trade this morning as businesses look to staff up many are finding it difficult to find workers greg washburn joins us this morning, ceo of mall and restaurant owner, charter holdings ray, it's great to have you back thanks for joiningus this morning. >> glad to be back i feel like it's dallas day, you've got american airlines, southwest airlines, at&t, and me, great to be here >> you're absolutely ight. i was just thinking, you know, ray, you walked us through some pretty dark days for retail last summer and fall. can you just talk about the degree to which the environment right now is the polar opposite of that if it's true >> yeah, i tell you, our business across our entire platform, business has never been bett
the decision on whether to even hold the even this summer and the nevada desert is expected to be made by the end of this month. carl, of course, 50 to 80,000 people intend to go to that event. it would be quite a big event. >> yes indeed. i've never been. i've been dying to go. >> me too, carl, we should go together >> yes >> when it's safe. >> we are watching the reopening trade this morning as businesses look to staff up many are finding it difficult to find...
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Feb 20, 2014
02/14
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of course, those counties are in california, michigan and nevada. >>> we've seen home sales nationwide down for four straight months, and price gains are easing a bit up to 0.2 percent sequencetially. the bulls blame it on the weather. bears saying it's weaker affordability. that's why california is seeing such a huge drop in sales. down nearly 14% from a year ago according to the california realtors association. so on the bull side, zillow is reporting a rise in inventory. in 22 out of the nations largest housing markets, the inventory is much needed heading into spring, but remains to the seen again if it will be enough. we have so much more of this online realty check it out. >> diana olick reporting. >>> earning season nearing an end today with walmart's report. it's the granddaddy of retailers. look at shares. now down $1.34 at $73.51. the world's biggest retailer earned $1.60 a share, down 7 cents a share from a year ago. a profit forecast that was lower than wall street was hoping for. walmart didn't hit that triple threat, or the hat trick, and neither did 492 other companies i
of course, those counties are in california, michigan and nevada. >>> we've seen home sales nationwide down for four straight months, and price gains are easing a bit up to 0.2 percent sequencetially. the bulls blame it on the weather. bears saying it's weaker affordability. that's why california is seeing such a huge drop in sales. down nearly 14% from a year ago according to the california realtors association. so on the bull side, zillow is reporting a rise in inventory. in 22 out...
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Mar 13, 2014
03/14
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states like michigan, new jersey and nevada are seeing big jumps in zombies, but nflorida, of course, still leads. those home could provide inventory for first-time buyers, if they could just get through the process. check more on the website. ty. >> market flash? >>> tyler, magic chef bucking stocks beating analyst expect aces to for earnings and revenues in the forth quarter for the full year 2014. the empty expects revenues 158 and $163 million, well above analysts estimates, $147 million for the year. magicjack trading up. >>> amazon raising the price of its popular prime membership. which clubs offer the best bang for the buck? three of the best and three to avoid. coming up next. >>> and more on this sea of red we are seeing in markets. we're now down 181 on the dow. how do you protect your money if stocks keep falling? more "power lunch" in two. ♪ for tapping into a wealth of experience. ♪ for access to one of the top wealth management firms in the country. ♪ for a team of financial professionals who provide customized solutions. for all of your wealth management and reti
states like michigan, new jersey and nevada are seeing big jumps in zombies, but nflorida, of course, still leads. those home could provide inventory for first-time buyers, if they could just get through the process. check more on the website. ty. >> market flash? >>> tyler, magic chef bucking stocks beating analyst expect aces to for earnings and revenues in the forth quarter for the full year 2014. the empty expects revenues 158 and $163 million, well above analysts estimates,...
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Jul 9, 2013
07/13
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nevada, number 47. and then disappointingly, scott, new jersey, connecticut, west virginia, rhode island, all of these sort of northeastern states, golly. why can't we do better up here? >> well, again, i keep harping on the cost thing and that's part of the issue. you know, obviously chris christie has talked a lot about improving the business climate in the garden state. he's not there yet. he's not there yet on cost and it's not just the tax issue. but there are other issues going on in new jersey with things like quality of life. education i believe. i mean, there's things that new jersey has to deal with that they haven't yet. rhode island is another state that's had disastrous state finances. their economy is not there yet. so again, you have these states in the northeast that should do well and just because of where they are, because of the great, you know, critical mass of economic activity in the northeast and they're just not doing it. not yet. >> all right, scott cohn framed by mount rushmore
nevada, number 47. and then disappointingly, scott, new jersey, connecticut, west virginia, rhode island, all of these sort of northeastern states, golly. why can't we do better up here? >> well, again, i keep harping on the cost thing and that's part of the issue. you know, obviously chris christie has talked a lot about improving the business climate in the garden state. he's not there yet. he's not there yet on cost and it's not just the tax issue. but there are other issues going on...
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Nov 26, 2013
11/13
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nevada allows on-line betting on poker and delaware allows limited betting at the state's racetracks. should you bet on the gambling boom. dominic chu has been looking at hidden gambling plays. >> mandy, so we know that those six casinos in atlantic city will open up to on-line gambling including casino owned by publicly traded american companies but the expertise of those brick and mortar companies needs to lie mainly with running their physical casinos. they've got to partner with other companies that know about the on-line, the computerized gaming aspect of everything and there are a handful of big name partners in this mix but a catch here. a lot aren't american companies nor publicly traded ear in the u.s. you know them, they're big names and place like the united kingdom, the isle of man and then i go brawl tar, like 888 holdings, poker stars, win, party poker, those guys, but there are some names that are based and/or publicly traded here in the u.s. now if on-line gaming gets more traction companies like igt could be beneficiaries. this company makes many of the slot games you
nevada allows on-line betting on poker and delaware allows limited betting at the state's racetracks. should you bet on the gambling boom. dominic chu has been looking at hidden gambling plays. >> mandy, so we know that those six casinos in atlantic city will open up to on-line gambling including casino owned by publicly traded american companies but the expertise of those brick and mortar companies needs to lie mainly with running their physical casinos. they've got to partner with other...
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May 10, 2010
05/10
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the housing business -- the house prices have stopped depreciating other than in nevada and florida. if you look at standard pacific, this stock is going up the same day as fannie mae. >> you don't think that fannie and freddie, these giant gorillas, are going to blow us up? >> no, i don't. >> fat and nasty, but we can stick them in the closet? >> part of the plan to keep the houses off the market. i'm positive about it. >> positive about the fat, hairy gorillas. >> absolutely. >> 6:00 and 11:00, much more of jim and all of his trades. >>> up next, all the talk of running out of oil, is it hogwash? rex tillerson is back. we'll be back in a moment. tdd# 1-800-345-2550 that's why, at schwab, tdd# 1-800-345-2550 every online equity trade is now $8.95 tdd# 1-800-345-2550 no matter your account balance, how often you trade tdd# 1-800-345-2550 or how many shares... tdd# 1-800-345-2550 you pay what they pay what everyone pays: $8.95. tdd# 1-800-345-2550 and you still get all the help tdd# 1-800-345-2550 and support you expect from schwab tdd# 1-800-345-2550 millions of investors. one price.
the housing business -- the house prices have stopped depreciating other than in nevada and florida. if you look at standard pacific, this stock is going up the same day as fannie mae. >> you don't think that fannie and freddie, these giant gorillas, are going to blow us up? >> no, i don't. >> fat and nasty, but we can stick them in the closet? >> part of the plan to keep the houses off the market. i'm positive about it. >> positive about the fat, hairy gorillas....
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May 29, 2013
05/13
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plus millions of tourists that head to nevada for that famous las vegas strip. you can see shares of nv energy higher after hours. back to you, melissa. >> seema mody. we are continuing our bubble watch. consumer staples have declined more than 1% since our mike kuo raised the red flag on the sector just last week. take a listen. >> this group is trading at a good multiple over what the market is trading at and i think that's probably going to revert. i don't think the overall market is expensive but i think the staples are. i think this might be a good time to start rotating out of them. >> so is this so-called safe sector in its first bubble ever? we were talking about paying out for spice makers, for bleach makers, for detergent makers. that's what we're talking about here. >> the clorox. mccormick is obviously the spice makers. they just acquired a chinese spice maker obviously. color sox a commodity. they make bleach, branded bleach, but it's still a commodity. kimberly clark, procter & gamble which dan had highlighted many weekends ago got hit right after
plus millions of tourists that head to nevada for that famous las vegas strip. you can see shares of nv energy higher after hours. back to you, melissa. >> seema mody. we are continuing our bubble watch. consumer staples have declined more than 1% since our mike kuo raised the red flag on the sector just last week. take a listen. >> this group is trading at a good multiple over what the market is trading at and i think that's probably going to revert. i don't think the overall...
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Jan 25, 2010
01/10
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can access the credit they need to buy or keep their home. 403(b)s and unemployment are endemic in nevada. the american people are frustrated and rightly so. >> all right. >> three-paragraph quote. >> redouble the efforts for -- >> i'm asking you what promise made. what did bernanke say and when did he say it? we need to know that. >> families can access credit. that's part of what monetary policy is about. credit is out there and it is affordable. one of the things fed has done since day one keep the credit markets from collapsing so nobody could have access to credit. the idea that he said that doesn't speak to me of any change in policy. i think it is -- >> maybe that's the problem. >> will are grounds for discussion about how this does change policy. my guess is there are 17 guys and sit around that table tomorrow and feel like they were drive their car in the local neighborhood and almost hit a dog. >> what's your take, bob? how do you interpret it? >> well, i agree with steve that bernanke promised was what he was already trying to deliver. i think senator reid did him a disservice
can access the credit they need to buy or keep their home. 403(b)s and unemployment are endemic in nevada. the american people are frustrated and rightly so. >> all right. >> three-paragraph quote. >> redouble the efforts for -- >> i'm asking you what promise made. what did bernanke say and when did he say it? we need to know that. >> families can access credit. that's part of what monetary policy is about. credit is out there and it is affordable. one of the...
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Aug 24, 2009
08/09
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. >>> california and nevada in a shootout over which state is better for jobs. with my new netbook from at&t. with its built-in 3g network, it's fast and small, so it goes places other laptops can't. i'm bill kurtis, and wherever i go, i've got plenty of room for the internet. and the nation's fastest 3g network. gun it, mick. (announcer) sign up today and get a netbook for $199.99 after mail-in rebate. with built-in access to the nation's fastest 3g network. only from at&t. others by the car of their dreams. during the lexus golden opportunity sales event, you can do both. special lease offers now available on the 2009 is 250. upbeat rockl lease offers now available ♪ so i could hear myself myseas a ringtone ♪hone ♪ ♪ who knew the store would go and check my credit score ♪ ♪ now all they let me have is this dinosaur ♪ ♪ hello hello hello can anybody hear me? ♪ ♪ i know i know i know i shoulda gone to ♪ ♪ free credit report dot com! ♪ that's where i shoulda gone! coulda got my knowledge on! ♪ ♪ vo: free credit score and report with
. >>> california and nevada in a shootout over which state is better for jobs. with my new netbook from at&t. with its built-in 3g network, it's fast and small, so it goes places other laptops can't. i'm bill kurtis, and wherever i go, i've got plenty of room for the internet. and the nation's fastest 3g network. gun it, mick. (announcer) sign up today and get a netbook for $199.99 after mail-in rebate. with built-in access to the nation's fastest 3g network. only from at&t....
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Aug 12, 2009
08/09
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the worse states are california, arizona, florida, nevada, the usual suspects. overall, 129 of the 155 metropolitan statistical areas reported lower prices from a year ago. and the steeper price drops are broadening now to atlanta, chicago, seattle, new york, new jersey area and here in d.c. distress sales, that is foreclosures and short sales, accounted for 36% of the transactions. again, that's pulling down the prices. now, a couple other important things to note from this report, a full one-third of the buyers in q2 were first time home buyers, obviously taking advantage of the first time home buyer tax credit, which expires, unfortunately, in november. secondly, the realtors' report that mortgage prices -- mortgage rates were down to a record low of 5.03% in q2, they are now up to 5.38%, and application volume was down last week. doesn't bode well for the next quarter or. so one thing to note, though, some good news from toll brothers, and we'll have an exclusive interview with bob toll at the 4:00 hour of the "closing bell." steve? >> citi jumped off the pa
the worse states are california, arizona, florida, nevada, the usual suspects. overall, 129 of the 155 metropolitan statistical areas reported lower prices from a year ago. and the steeper price drops are broadening now to atlanta, chicago, seattle, new york, new jersey area and here in d.c. distress sales, that is foreclosures and short sales, accounted for 36% of the transactions. again, that's pulling down the prices. now, a couple other important things to note from this report, a full...
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Nov 15, 2012
11/12
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if you're talking about phoenix or nevada, that may be true. >> sales are improving. starts bottomed, construction industry is hiring more people. we're a long way from where we were in 2006 but there's definite signs of bottom coming off the market. >> i don't see it yet. >> the fed chairman said we weren't out of the woods. we'll leave that debate where it is for a moment. rick san tell sli in chicago. >>> thank you very much. if you look at intraday of 10s, we're only a basis point under unchanged but well off our high yields of the day. a lot of this is israel. might not be affecting oil but it is most definitely affecting traders and safe harbor trades. looking at august chart, can you clearly see where two-month low yields on the verge of maybe three. same could be said for the 30-year long bond. now let's switch gears a bit. when it comes to what's going on in the marketplace, maybe we better pay a whole lot of attention to what's going on with the dollar/yen. the dollar's rallied almost 2.5% just in the last two days. you could clearly see these are the best l
if you're talking about phoenix or nevada, that may be true. >> sales are improving. starts bottomed, construction industry is hiring more people. we're a long way from where we were in 2006 but there's definite signs of bottom coming off the market. >> i don't see it yet. >> the fed chairman said we weren't out of the woods. we'll leave that debate where it is for a moment. rick san tell sli in chicago. >>> thank you very much. if you look at intraday of 10s, we're...
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Dec 11, 2013
12/13
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. >> tahoe, california, nevada. >> i was going to say tahoe, too. >> wow. you're all so close, but so far. aspen. >> ah. >> aspen. we thought that was our giveaway, everybody is going to get that one right on the nose. >> surprised you can get a house for a million bucks in aspen. >> that was a trick question. >> dolly, thanks. >> we like tricks. >> we'll see you throughout the day. >> what do you think? which house do you like better? >> the greek revival much better. but i like the location in the rockies. >> you wouldn't fit in the other within. >> no, that's true. >> 900 square-foot house, right? that's over $1,000 a square foot. one bath. it means you have to wait in line. and it's on main street, which means that as a residence -- >> headache. >> -- yeah, a headache, noisy as anything, right? and as a commercial space, which it can be used as, there's no parking. so i'm not sure who the buyer is for this, and that's why it's on the market almost a year. >> yeah. >> oh, wow. >> unfortunately, for our new person, josh, we have a loser, and diana olick w
. >> tahoe, california, nevada. >> i was going to say tahoe, too. >> wow. you're all so close, but so far. aspen. >> ah. >> aspen. we thought that was our giveaway, everybody is going to get that one right on the nose. >> surprised you can get a house for a million bucks in aspen. >> that was a trick question. >> dolly, thanks. >> we like tricks. >> we'll see you throughout the day. >> what do you think? which house do you like...
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Sep 18, 2009
09/09
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do you need kentucky bluegrass in nevada? >> we have these little tree boxes on our street. >> i'll have a camera up outside your house. >> we are out of control. it's so obviously friday. that's it for "the call." thank you, wendy. >> and i'm larry kudlow watering my turf grass. i'll see you tonight. and now, "power lunch" is up next. >>> whatever happened to dichondra. >> i thought you were going to talk about marijuana. >> speaking of grass. >> out in public, there. it is obviously friday as melissa said. welcome. stocks have been higher on this expiration day. the major averages touching new highs. we also have at least ten stocks in the s&p 500 hitting new 52-week highs. starbucks and juniper networks. >>> and speaking of 52-week highs, google looking to grab a bigger slice of the $15 billion online ad market. we'll tell you about their latest move. >>> sweeping changes for executive pay. this new plan being considered, it would give the federal reserve the power to cut banker bonuses. is this a good way to limit risk ta
do you need kentucky bluegrass in nevada? >> we have these little tree boxes on our street. >> i'll have a camera up outside your house. >> we are out of control. it's so obviously friday. that's it for "the call." thank you, wendy. >> and i'm larry kudlow watering my turf grass. i'll see you tonight. and now, "power lunch" is up next. >>> whatever happened to dichondra. >> i thought you were going to talk about marijuana. >>...
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Feb 17, 2010
02/10
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>> not getting worse is the mantra for the ceo with communities in california, florida, arizona and nevada, woodside was uniquely poised to lose in the latest housing crash and did, filing chapter 11 bankruptcy in september of 2008. >> come on in. >> we are ready. yeah. >> we are ready. >> now lean, woodside is using lower prices, smaller designs and fewer high end amenities to draw in today's battle weary buyers. >> i got a good deal the way i see it, $260,000. four bedroom, three bath, three-car garage. can't beat that. >> apparently it's slowly working. >> i'm not going to deploy a lot of capital placed on the bet that the second half of this year is going to be strong. i'm much more confident about the first half than the second half. >> now, woodside had expanded during the height of the housing boone moving from west into maryland and they started with homes in the 3,000 square foot range and the $500,000 range. now, they're selling more in the 2,000 square foot range and the $50,000 to $400,000 range. perfect example of the home builders downsizing but getting those sales made. tile
>> not getting worse is the mantra for the ceo with communities in california, florida, arizona and nevada, woodside was uniquely poised to lose in the latest housing crash and did, filing chapter 11 bankruptcy in september of 2008. >> come on in. >> we are ready. yeah. >> we are ready. >> now lean, woodside is using lower prices, smaller designs and fewer high end amenities to draw in today's battle weary buyers. >> i got a good deal the way i see it,...
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Nov 7, 2016
11/16
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we have seen in states like nevada very high turnout of latinos. same is true in the state of florida. in florida more people voted early than at all in 2012. that is a sign that this is catching on with the public. you can expect to see more states adopt that. the reason the clinton campaign is in michigan today aside from the fact that it is a state they need to win is that is what they call a game day state. they don't have no excuse early voting. i think more states will move in that direction. >> we'll see you later. >>> lets are get to the market rally. bob pisani on the floor of the stock exchange. >> still near highs of the day. advancing to declining stocks. we have had market leadership in the banks. yields have been up. regions financial new high. also not surprising strength in technology stocks. imm up almost 2%. those are two groups that have done very well for this quarter overall but other ones you moig say i'm surprised to see for example drug stocks. it has been down 6%. you see it up 1.5%. some people say divided government might
we have seen in states like nevada very high turnout of latinos. same is true in the state of florida. in florida more people voted early than at all in 2012. that is a sign that this is catching on with the public. you can expect to see more states adopt that. the reason the clinton campaign is in michigan today aside from the fact that it is a state they need to win is that is what they call a game day state. they don't have no excuse early voting. i think more states will move in that...
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Aug 12, 2009
08/09
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you can get lithium is nevada. >> here at the big board, western asset management company celebrating a recent ipo of investment grade defined opportunities trusts. ibi is the ticker. at the nasdaq, checkpoint software, ticker chkp. >> mark, we should note that the company making the battery, the lithium ion is lg, south korean company. >> sure. >> big consumer of electronics. >> they have a michigan subsidiary now. market reporters are standing by. let's start with bob pisani here with us. >> biggest iipo of the year, starwood hotels. here's the crowd. waiting for it to open. usually opens after a few minutes. should open somewhere around $20. good pricing. $20, $50.5 million shares. they raised that. that is going to be used to finance commercial real estate. there's a number of other companies seeking to do similar things here. get a read on this right now. nothing really. $20 here. companies reporting macy's came out. good news here is they're raising the full year guidance. look underneath the hood. show you how much things are done on the downside recently. 9 1/2% drop in same-s
you can get lithium is nevada. >> here at the big board, western asset management company celebrating a recent ipo of investment grade defined opportunities trusts. ibi is the ticker. at the nasdaq, checkpoint software, ticker chkp. >> mark, we should note that the company making the battery, the lithium ion is lg, south korean company. >> sure. >> big consumer of electronics. >> they have a michigan subsidiary now. market reporters are standing by. let's start...
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Dec 10, 2009
12/09
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california mostly and nevada's numbers are actually improving but that's because of a new program which is requiring mediation before a bank can take possession of a home and that's dragging out the process. now, at 2:30 today we are going to get a report from the treasury department on how many trial modifications have gone permanent and those numbers will be verytal tell being the future of the foreclosure numbers. for more go to the blog, realtyche realtycheck.cnbc.com. these are full loan modifications that have been in a three-month trial period and just now beginning to go into that permanent phase. >> diana olick, thanks very much. >>> should we revisit goldman sachs for people that have just tuned in? >> go ahead. >> if you are a member of the management team there, 30 members, you are not going to get a cash bone thus year. >> instead restricted stock. five years, you have to hold it. exercise it for five years. >> clawback provision s in case you do something nefarious. >> shareholders get their say it as well. >> goldman generally regarded as the best. jim cramer would say, t
california mostly and nevada's numbers are actually improving but that's because of a new program which is requiring mediation before a bank can take possession of a home and that's dragging out the process. now, at 2:30 today we are going to get a report from the treasury department on how many trial modifications have gone permanent and those numbers will be verytal tell being the future of the foreclosure numbers. for more go to the blog, realtyche realtycheck.cnbc.com. these are full loan...
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May 27, 2016
05/16
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. >> tony bennett joins us live from reno, nevada. mr. bennett. >> do you ever get sick of singing that song? >> do you ever get sick of making love? >> can we talk later maybe? >> her we go. we've arrived. >> now thaz tt the dow has pass the mark, now down about 500 points. by all accounts, i this i we can agree we're perhaps in recession now. you can consider lehman the loser, filed chapter 11. it would be more news if dham on and said, no, i think we're going much lower. >>> the new york stock exchange will officially open. this is like opening up a bunch of i pos all at once. >> an early start to the weekend with your favorite beverage of choice. >> my favorite watering hole and the management going here. holy cow. >> speaking of opportunities, kelly bought this tie online. >> i just noticed the vix is down. >> i have to look up to you. >> i'm getting used to that these days. >> it's going to fix the hook and give you more high. >> i understand that. now i've got to do it though. >> i'm just going to hug you. this is nice. >> top mexi
. >> tony bennett joins us live from reno, nevada. mr. bennett. >> do you ever get sick of singing that song? >> do you ever get sick of making love? >> can we talk later maybe? >> her we go. we've arrived. >> now thaz tt the dow has pass the mark, now down about 500 points. by all accounts, i this i we can agree we're perhaps in recession now. you can consider lehman the loser, filed chapter 11. it would be more news if dham on and said, no, i think we're...
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Aug 13, 2009
08/09
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california, nevada, arizona and florida account for nearly 57% of all of the foreclosures in the nation, but the pain is spreading. we're seeing big jumps in states like kansas where foreclosures up 94% from a year ago. oregon up 84%. does this mean housing cannot recovery? the experts are noting a strange contradiction. >> we're seeing increased levels of foreclosure activity, and we're seeing price stabilization at the same time. so it could just be that there is so much buy interest, because the affordability levels have become basically record levels of affordability. and that there's this inventory sitting out there waiting for the buyers that the market might be recovering at what amounts to the new normal level of foreclosure activity. at least for the time being. >> of course, the other side of that argument is that as the face of foreclosure changes, that is, we see these big jumps in states like cans and even minnesota, as those properties go on to the market, if distressed properties -- is there the same amount of pent up demand from investors in those states, because we see
california, nevada, arizona and florida account for nearly 57% of all of the foreclosures in the nation, but the pain is spreading. we're seeing big jumps in states like kansas where foreclosures up 94% from a year ago. oregon up 84%. does this mean housing cannot recovery? the experts are noting a strange contradiction. >> we're seeing increased levels of foreclosure activity, and we're seeing price stabilization at the same time. so it could just be that there is so much buy interest,...
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Jul 2, 2015
07/15
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their arm in terms of book making stretches throughout it the united states and is not just limited to nevada. so this is going to be some fierce competition for an enormous revenue stream. >> meaningful revenue. daniel, should sports betting be more broadly legal than it is today, and what is your view of those daily fantasy leagues that are out there? i use "leagues" advisedly. >> well, tyler, daily fantasy sports is a growing industry but it represents only a fraction of the potential of the sport's gambling market. a lot of experts believe that the total amount of entry fees in fantasy sports nationally is under $4 billion. the sports betting market the illegal market is 100 times that amount. 400 billion$400 billion. >> is it inevitable that it will be legal? should it be? >> it will be. it is not only inevitable but it will happen either as a result of this case or as a result of federal regulation at the congressional level. this new jersey case is all about the timing of when sports betting becomes legal, because if new jersey wins and we will get a decision any day or any week now, y
their arm in terms of book making stretches throughout it the united states and is not just limited to nevada. so this is going to be some fierce competition for an enormous revenue stream. >> meaningful revenue. daniel, should sports betting be more broadly legal than it is today, and what is your view of those daily fantasy leagues that are out there? i use "leagues" advisedly. >> well, tyler, daily fantasy sports is a growing industry but it represents only a fraction...
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Feb 12, 2016
02/16
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and nevada is quite well. so we like the setup in the golden horse chute right now. moving on to the northeast, new york and miami, two areas that are being hit, a lot of supply coming to market in the luxury segment. we could see head winds because of those trends up there. but on the national basis, given very tight resale inventory at 3.9 months, this is a great setup going into the spring selling season, that's why we continue to recommend the builders, which are actually trading at huge discounts to where they were at the start of the year. >> i'm surprised about texas. especially with the price of oil. i would think we would see weakness there. how do you explain that? >> no question. we definite rly see weakness in the market, homes priced in excess of $300,000. but, for the entry level buyer, which is the incremental source of demand, nationally, that buyer is showing up in texas and participating. the other thing to remember, texas has a very diversified economy now. so, yes, there are head winds in houston. that's factored into how we think about valuation
and nevada is quite well. so we like the setup in the golden horse chute right now. moving on to the northeast, new york and miami, two areas that are being hit, a lot of supply coming to market in the luxury segment. we could see head winds because of those trends up there. but on the national basis, given very tight resale inventory at 3.9 months, this is a great setup going into the spring selling season, that's why we continue to recommend the builders, which are actually trading at huge...
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Jun 22, 2015
06/15
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canadians are mostly buying in arizona and nevada. latin americans like florida. mexican buyers like texas and the british like l.a. new york and kissimmee. florida. most purchases by the overseas were most live in the suburbs. it's not the cities it's the suburbs where most of their buying is. >> kissimmee is not honolulu. but it was laying on the desk. i don't know why it was there. but we'll figure out a reason for it later. >> there's no reason. why not? >> there is a reason. >> there you go. what's the reason? >> it was hawaiian shirt friday brian. you missed all the action and hula hooping. >> i didn't miss anything. i was in wisconsin eating fried food. >>> stick around. we got $30 billion of market advice coming your way. >>> and taylor swift taking on apple. that got us thinking about some other big corporate changes of heart. we'll talk about what it means to maybe reverse course. we'll "shake it off." there's no "bad blood." automotive innovation starts... right here. with a control pad that can read your handwriting, a wide-screen multimedia center, an
canadians are mostly buying in arizona and nevada. latin americans like florida. mexican buyers like texas and the british like l.a. new york and kissimmee. florida. most purchases by the overseas were most live in the suburbs. it's not the cities it's the suburbs where most of their buying is. >> kissimmee is not honolulu. but it was laying on the desk. i don't know why it was there. but we'll figure out a reason for it later. >> there's no reason. why not? >> there is a...
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May 7, 2014
05/14
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it's unclear in it's two battery production facilities in one location, say in texas or arizona or nevada, wherever that may be. two production facilities going online at the same time and in production by 2017. we should also point out that they are battery constrained for the second quarter. they talk about that in their report and they expect that to improve in the third quarter and fourth quarter so those are likely two topics that will get them attention in the earnings column later today. >> the key to this is the battery, the key to the whole tesla business prospect and an interesting bit of unsolicited advise earlier this week from jeffrey dunlap who says tesla ought to get out of the car business all together and be a battery company. they have innovative technology there. that could be worth down the road maybe more than the car business. >> another reason to watch for details on the giga factory. shares are down 3.6% and stemming the losses and let's stay with the elon musk theme here and solar city is out with its quarterly report. we want to get out to dominic for the details
it's unclear in it's two battery production facilities in one location, say in texas or arizona or nevada, wherever that may be. two production facilities going online at the same time and in production by 2017. we should also point out that they are battery constrained for the second quarter. they talk about that in their report and they expect that to improve in the third quarter and fourth quarter so those are likely two topics that will get them attention in the earnings column later today....
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Oct 6, 2015
10/15
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we saw senator harry reid the democratic leader in the senate, he is from nevada of course representing las vegas and along interest in gambling and online gambling, he was can calling today for congressional action. here is what he had to say earlier today. >> i think it also should be a warning shot to everybody that online gaming is a real scary thing and we better look at all of it. >> also the two companies now putting out a statement saying that they are going to change their policy in the wake of the story. here is the statement from the two kps jointly issued while the industry works to develop and release more detailed policy, draft kings and fan duel have decided to prohibit employees from participating in online fantasy sports contests for money. guys, i should also say that comcast ventures and nbc sports ventures have stakes in fan duel. so we should put that out there as well, guys. >> eamon, thank you for that. we will talk about that scandal a lot more in a moment. first we are getting earnings from yum! brands, our jane wells has that those numbers. >> yum!'s hoped reco
we saw senator harry reid the democratic leader in the senate, he is from nevada of course representing las vegas and along interest in gambling and online gambling, he was can calling today for congressional action. here is what he had to say earlier today. >> i think it also should be a warning shot to everybody that online gaming is a real scary thing and we better look at all of it. >> also the two companies now putting out a statement saying that they are going to change their...
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Jun 15, 2015
06/15
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. >>> today under the radar, ora the ticker a nevada-based power company. $43 target which implies 15% up side. the analyst says they have good existing inging visibility with existing contracts out in the next few years. the stock done well up 37% year to date. there has been some insider selling though on the stock. >> that's something to keep an eye on. >>> ormat technologies a new name to add to my collection. the under-the-radar name. >> thank you very much. and over the rainbow. >>> time now for "trading nation," another daily segment. traders trade better together. today let's look at the s&p 500 ahead of the big fed meeting later this week. todd gordon's looking at the charts david seaburg looking at fundamentals. greece, the dollar valuation earnings, the fed. what are you watching? >> as far as the fed's concerned on wednesday i'm not concerned at all. i'm going to tell you we all know rates are going higher whether it's wednesday or whether it's three months from now, they're going to go higher. the bigger question investors should be looking a the right no you is as the cos
. >>> today under the radar, ora the ticker a nevada-based power company. $43 target which implies 15% up side. the analyst says they have good existing inging visibility with existing contracts out in the next few years. the stock done well up 37% year to date. there has been some insider selling though on the stock. >> that's something to keep an eye on. >>> ormat technologies a new name to add to my collection. the under-the-radar name. >> thank you very much....
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Feb 10, 2010
02/10
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the nevada gaming control board reporting casinos won nearly $7 million on the super bowl. a little over 100,000 more than last year. vegas always wins. over $82 million were wagered in vegas on the big game. recession, what recession out there and certainly not on bourbon street. how much was wagered without the casinos? a bet you billions. >> the smallest. >> in offices. >> we had like two pools in here already. >> have a great time at the olympics. >> i'm off to vancouver. see you live there friday. >> we will miss you. thanks for watching. we will see you tomorrow. "street signs" is next. with fidelity, you can take your trading around the world, because now you can trade u.s. and foreign stocks online, in 12 markets, 24 hours a day, all from the same account, and settle in u.s. dollars or the local currency. plus, we'll guide you with international research and realtime quotes, so you can diversify your portfolio, wherever -- whenever. and we'll be on call around the clock, while you trade around the globe. fidelity investments. turn here. as you can see, this isn't yo
the nevada gaming control board reporting casinos won nearly $7 million on the super bowl. a little over 100,000 more than last year. vegas always wins. over $82 million were wagered in vegas on the big game. recession, what recession out there and certainly not on bourbon street. how much was wagered without the casinos? a bet you billions. >> the smallest. >> in offices. >> we had like two pools in here already. >> have a great time at the olympics. >> i'm off to...
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Aug 13, 2009
08/09
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. >> california and nevada, arizona and florida accounts for nearly 57% of all the foreclosures in the nation. but the pain is beginning to spread. we're getting to see big jumps in states like kansas where foreclosures are up 94% from a year ago if maryland, massachusetts, oregon foreclosures, up 84%. this is all about job losses and this is why foreclosures are not even expected to peak until next year. now, of course, we're going to talk about this all day on the blog. go to it. realtycheck.cnbc.com. erin and mark? >> i'll take it, i'm down here on the floor with warren meyers. the hardest working man on the floor of the new york stokes. >> next to you, mark. >> no, no, no. my whole career is devote to working as little as possible. the news is an interesting mixed bag today. you can take whatever you want. >> i think both bears and bulls have some things that they can pick out and choose and say this shows i'm right on my opinion here. certainly from the bull market perspective, you've got to look at the gdp numbers coming out of germany and france this morning showing some positiv
. >> california and nevada, arizona and florida accounts for nearly 57% of all the foreclosures in the nation. but the pain is beginning to spread. we're getting to see big jumps in states like kansas where foreclosures are up 94% from a year ago if maryland, massachusetts, oregon foreclosures, up 84%. this is all about job losses and this is why foreclosures are not even expected to peak until next year. now, of course, we're going to talk about this all day on the blog. go to it....